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The President says ageing facilities must become profitable assets as his administration pushes reforms across the petroleum sector
NNPC reveals N13.2tn spent on Port Harcourt, Warri, and Kaduna refineries in 2023–2024 with little output. CEO Bayo Ojulari vows to restore operations
NNPC CEO Ojulari reveals state-owned refineries ran at monumental loss, halting operations to curb waste and reassess commercial strategy